Prashant Pradhan, VP & CTO, IBM Asia Pacific talks about building ecosystems in the forms of platforms which can encourage multiple OEMs to come together and work strategically in order to generate a viable business option for the future mobility. Such platforms will connect vehicles help them in creating and transferring data which will thereby help in value creation.Prashant Pradhan sheds light on rise of platform centric business models

"We are talking to Reliance, the Tatas, the Birlas … We have signed deals with the largest Indian tyre OEM, based in Chennai, we've tied up with the largest car manufacturer and possibly the world's second largest agricultural equipment provider. We also have an insurance company on board."

Titled “Auto 2025“, the survey was conducted across 16 countries and shows that Indian consumers are very interested in all aspects of automated car functioning such as self-driving, self-healing, self-configuring, and self-integrating. Indians selected self-driving capabilities most often with 74% of people preferring it.

Clients of both companies will be able to access “Bosch IoT Rollouts” via the IBM Cloud, backed by the scale, flexibility, privacy and security that is critical for updating connected devices and driving continued innovation in industrial IoT.

IBM will act as the technology provider, consultant and development partner for a digital ecosystem to support Schaeffler in the integration of its mechatronics components, systems and machines into the rapidly expanding world of the "Internet of Things".

When World Bank president Jim Yong Kim talked about 69% jobs in India being threatened by automation, the concern was not only over a huge economic trouble ahead but also that an invisible enemy was eating up jobs.

As per the suit filed, Royal Enfield has infringed Flash electronics’ patent on “Regulator Rectifier Device and Method for Regulating an Output Voltage of the Same” duly issued by the United States Patent & Trademark Office (USPTO) to Flash Electronics on February 20, 2018 after Flash’s R&D department made a breakthrough invention of the component in 2014.